Motoring enthusiasts are being given a chance to buy into the future of mobility. Shares in the Mid-Wales made fuel-cell car, the Rasa, are being offered to potential backers and users. You can invest from £500 upwards in graduated amounts with the option to acquire one of the two-seaters for a £20,000 stake. You will never own the car but simply lease … [Read more...]
Finance
PCP contracts and condition clauses surprise motorists
More may need to be done to educate the rapidly rising number of PCP customers about the condition in which their lease car should be returned, says Glass's. The vehicle data provider says that it is receiving notable anecdotal evidence from the trade that some customers are shocked to find that there are potential financial implications surrounding the … [Read more...]
Bank Holiday breakdowns are avoidable
Europcar says that breaking down is the second biggest worry for motorists on long trips. Traffic delays and accidents are the issues which sandwich the breakdowns. With the average age of cars on Britain’s roads now over seven years, it’s not surprising that this could be a concern ahead of the last Bank Holiday weekend before Christmas. According … [Read more...]
September rush is underway for buying a new car
September is the second highest month for new car sales. Ahead of the forthcoming introduction of the “66” vehicle registration next month, Motor Codes, the leading provider of Codes of Practice and Alternative Dispute Resolution for the automotive industry, has the following advice for consumers during the purchase process. Protect your … [Read more...]
‘Sacre bleu’ as unprepared drivers hit foreign roads
Many Brits could be heading for trouble this summer as almost a fifth admit they don’t take steps to prepare for holiday driving. New research for Halifax Car Insurance reveals that while 63% of holidaying motorists plan to drive while abroad this year, 17% won’t make any safety checks, or take other measures to prepare for overseas … [Read more...]
Company drivers looking for grey to keep out of red
The number of employees paying company car tax has increased for the first time in 10 years. But the latest figures suggest that government tax policy is driving staff into older, dirtier and more dangerous grey fleet vehicles, says the British Vehicle Rental and Leasing Association. Recently released provisional data from HM Revenue and Customs (HMRC) … [Read more...]
Manufacturers not listening to dealers and brokers
Manufacturers miss out on broker growth through poor communications and account management Leasing brokers feel that they are not receiving proper account management and communications from motor manufacturers which is hampering potential growth in the sector, according to a new survey from the Leasing Broker Federation, an independent membership … [Read more...]
Newslines 12 August
In time for the ‘66-plate’ September market, Peugeot announces that the popular Just Add Fuel® with Telematics is now extended to most of the Peugeot 308 and 308 SW models. Launched 12 months ago, initially on the 108 range and later on 208 and 2008 SUV, Just Add Fuel® with Telematics has proved extremely attractive to retail … [Read more...]
Summer sales cooling in showrooms
Britain’s new car market is “cooling" this summer. Figures from the Society of Motor Manufacturers and Traders showed a 0.1% rise compared to a year ago and put down to business sales keeping it ahead. Sales in the first seven months of 2016 were 1,599,159 but the industry has been expecting a slow down and SMMT chief executive Mike Hawes said it was … [Read more...]
Brokers expect leasing demand to grow
The first ever survey of vehicle leasing brokers suggests good times ahead for the sector with 87% of brokers reporting a buoyant market with demand for leases or other financial products on the up as SMEs, corporates and private buyers take advantage of low lease rates. Conducted by the Leasing Broker Federation, an independent membership organisation … [Read more...]
